Entry taken Pre London. 1. Price creating LH's and LL's indicating Downtrend. 2. Entry taken at 30 M Break Of Lows. 3. R:R 1:1
SHIB bounced off the upper boundary of horizontal channel. Bearish movement to support level at 0.00000806 is expected to happen.
After breaking through the box range area, the price formed a compression with the upper border of the box and the EMA, the compression was completed with 1 white candlestick filling the gap
Global Resistance: 45,501 - 46,654 Global Support: 29,242 - 31,850 For detailed analysis, check chart. #Bitcoin #Binance #Daytrader #cryptomarket #CryptocurrencyNews #Crypto #futurestrading
Scanning the charts I have found a potential breakout of SHILL on a 423 trend line. Seems to be a gaming token which is still active on their socials and have announced a new roadmap in the last month. They have been around for a few years with a very low marketcap. Buying a small bag for a potential large breakout under the current hot gaming narrative.
Solana is struggling at Previous Resistance showing signs that a major reversal is near. If the price fails at this level and leaves a raging red bear candle, what does that mean for the next trade? How do we trade this? 🤔 There are two ways to handle this chart, short scalp or wait to long. We cannot long at resistance, the Risk/Reward AND Probability are all...
The AMEX:SPY is exhibiting a compelling technical formation on its weekly chart. A classic cup and handle pattern has emerged, signalling a potential bullish breakout. The cup and handle pattern observed over the past several months on the AMEX:SPY not only signals a bullish continuation following a period of consolidation but also aligns with the current...
Price reacted on long term trendline. In the mid term it formed wedge pattern so possible some move up. Invalidation of this scenario after breaking down the trendline. Trade carefully!
Hello friends, Just wanted to share that Bitcoin (BTC) is taking over the market again! I've talked before about how when BTC takes more than half of the market (50% dominance), it's usually not a great time for other cryptocurrencies (altcoins). You can see what I said here: When BTC's share is under 50%, altcoins often do well, and you might see them...
This has been a long time coming, my love letter to AMP Token. May I start out by saying what crypto is tied to Global currencies, 41,336(and counting) retailers throughout the United Stares & Canada, and is leading the race to regulatory clarity. Not only regulatory clarity in the US/Canada but also all throughout Europe and El Salvador. Have you heard of...
OANDA:XAUUSD , on the back of the residual potential from last week, is forming a rally from the opening session and testing a new global high of 2150, after which we saw the strongest sell-off. Yesterday we looked at what could happen in gold. But no one expected an update of the highs to 2150. In any case a conglomeration of factors is important for us: ...
FX:EURUSD is forming a correction phase, within which it aims to test the support of the forming range. There are key nuances that suggest a further bullish trend, but there are also those that hint at a possible medium-term decline. The market is laying further TVC:DXY weakness amid interest rate cuts from the Fed. EURUSD is currently in correction on...
== BTCUSD wave count for bull market toward 2024 Halving == Bitcoin's first Cycle Wave I completed with a peak in December 2017, followed by a bear market ending in Wave II in December 2018. Since that low the market has traded in Primary Wave (circle) 1 to peak in November 2021 with a new ATH at c. $69,000. From November 2021 to November 2022 Bitcoin saw a...
Since our last study, we have observed that TSLA shares are trying to resume the medium-term uptrend by attempting to break through the last top at $246.70. The problem is that the price failed to close above this resistance on the daily chart, so the upward movement failed to materialize. The link to my previous public analysis is below this post, as usual. On...
I am expecting bearish Monday for US30 since we are currently sitting at daily key level from Jan 2022. In case of breaking the current level I'm expecting this to increase the probabilities of the next zone to provide some good pips. Weaker zones below marked as possible targets, although I'd secure some of the profits much earlier.
Hey @JainArpan All the best. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
XBI is testing +2 sig from the last range selloff. There was fair respect for the Average on black line but the high value seller did not return at +1 sig. So now at +2 sig I don't think it's likely the seller returns aggressively enough for a push down. The much longer timeframe seller got filled in July at +1 at the Red line and has continued to sell. If the...